Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
UPS, are you asking for it?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="PhatAzz" data-source="post: 799368" data-attributes="member: 15930"><p>No one owns you - unless you allow it. You choose to stay or you choose to go. </p><p></p><p></p><p></p><p>Let's see how it unfolds for General Motors = TaxPayers to the rescue</p><p></p><p><a href="http://blogs.forbes.com/joannmuller/2011/01/14/gm-loosening-the-noose-from-its-massive-pension-plan/" target="_blank">http://blogs.forbes.com/joannmuller/2011/01/14/gm-loosening-the-noose-from-its-massive-pension-plan/</a></p><p></p><p>"As General Motors has shrunk, its pool of U.S. retirees has swelled. Today there are almost 700,000 GM retirees and just 70,000 active workers, a 10-1 ratio. The company’s $100 billion pension fund is twice the market capitalization of the automaker itself, and keeping up with funding obligations acts like a ball and chain on GM’s core car-making business. Small swings in the value of the pension plan can have massive effects on the value of the company. “That’s no way to run a company,” said GM’s chief financial officer Christopher Liddell."</p></blockquote><p></p>
[QUOTE="PhatAzz, post: 799368, member: 15930"] No one owns you - unless you allow it. You choose to stay or you choose to go. Let's see how it unfolds for General Motors = TaxPayers to the rescue [URL]http://blogs.forbes.com/joannmuller/2011/01/14/gm-loosening-the-noose-from-its-massive-pension-plan/[/URL] "As General Motors has shrunk, its pool of U.S. retirees has swelled. Today there are almost 700,000 GM retirees and just 70,000 active workers, a 10-1 ratio. The company’s $100 billion pension fund is twice the market capitalization of the automaker itself, and keeping up with funding obligations acts like a ball and chain on GM’s core car-making business. Small swings in the value of the pension plan can have massive effects on the value of the company. “That’s no way to run a company,” said GM’s chief financial officer Christopher Liddell." [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
UPS, are you asking for it?
Top